Here are the settings I use when streaming.  These settings have come as a result of hours of consultation with various webcast academy people - both interns and teachers.  I can't thank you all enough. (See my earlier blogs for names.)

I have listed each in the order I begin:

• Skype
  • Microphone - mic
  • Speakers - sound card
• Audacity
  • playback - sound card
  • recording - sound card
  • channels - 1 (mono)
  •  gray box - stereo mix
    • (Note: sometimes when opening Skype, the gray box is not available for use.  I then close Audacity and reopen.  It's usually there.  Remember, it's free.)
• Audio Repeater
  • Wave In - Mic
  • Wave Out - Sound Card
  • Sample Rate - 44100
  • Total Buffer - 100
  • Bits - 22
  • Buffer - 16
  • Channel - Stereo
  • Priority - High
    • Someday I will learn what all this means.  Right now, I just follow directions.
• Volume (This is the little speaker on the taskbar at the bottom of your screen.)
  • Under Options
    • Playback - Sound card
    • Recording - Mic
    • Be sure to check the stereo mix box!
• Simplecast
  • Encoders
    • + Plug In MP3 & MP3 Pro
    • Choose format - 64 KB/44,100
    • Server IP - copy from WebcastAcademy.net/info for your sandbox choice
    • Server Port - copy from same as above
    • Password - get from Jeff through Skype
    • Username - get from Jeff through Skype
    • Station Name - insert choice
  • Config
    • Capture sound from sound card

That's it.  Very crazy.  Next I'll talk about adding video for those daring enough.

Please note:  This works for me and my pc.  I give no guarantees about it working for you.  But good luck.  It really can be done!